I don't know, But what i do know is that the last time EVN was at this price, gold was about USD1330.....With the AUD trading at 78 cents. This comparison ignores company dynamics....But, This is a pretty strong macro divergence.
Company dynamics make it more compelling EVN ...With an AISC of AUD1215 (USD814) and annual production of 760,000 Ounces Thats an EBITDA of Over $1B...Last year NPAT 348 Million.....Gold production is set to increase to the 950-1010 K ounces by 2024.. Check their latest annual report - i think it checks out!!!At a 3.8 Billion market cap I think am ready to dive in!
Gold could go lower....But I doubt much more before inflation pressures put the marginal miners out of business. Significant AUD strength could swing this though!!!
Gold blue line LHS Axis... EVN right axis
- Forums
- ASX - By Stock
- EVN
- EVN chart
EVN chart, page-2930
-
- There are more pages in this discussion • 648 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.77 |
Change
0.060(1.62%) |
Mkt cap ! $7.486B |
Open | High | Low | Value | Volume |
$3.78 | $3.79 | $3.74 | $25.17M | 6.686M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4991 | $3.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.78 | 42978 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4991 | 3.770 |
2 | 10000 | 3.750 |
5 | 31987 | 3.740 |
2 | 10368 | 3.730 |
2 | 17413 | 3.720 |
Price($) | Vol. | No. |
---|---|---|
3.780 | 34338 | 5 |
3.790 | 5188 | 2 |
3.800 | 61577 | 6 |
3.810 | 12077 | 2 |
3.820 | 17992 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
EVN (ASX) Chart |